“Ek Teeer, Kai Nishaan”: Nilesh SHAH from Kotak Amc In CRS says Nilesh SHAH

Kotak Mahindra Amc MD Nilesh Shah, who praised the latest GST rationalization in India as a timely gift of Diwali, offers “Ek Teer, Kai Nishaan”, says that the repair of commodity and services tax is not just a tax policy-it is a multi-side economic catalyst.

Shah took to X to agree by the decision of the Commodity Tax and Services Council to unify the tax panels and reduce rates on small cars and wheels, describing them as a step that reduces inflation, enhances consumption, and supports growth-all while maintaining financial discipline.

In reference to the limited budget impact of the tax discounts announced on September 1, Shah wrote: “The Diwali gift of 48,000 rupees can be financially managed at about 7 bits per second,” in reference to the limited impact of the budget of the tax discounts announced on September 1.

In addition to stimulating consumer morale and improving the ease of doing business, Shah has argued that rationalization helps India absorb external shocks: “Rationalization of commodity and services tax will partially help compensate for the negative impact of American definitions in the quarters to come with increased consumption.”

He also praised the speed at which the commodity and services tax council was spent. “The completion of the meeting of the Commodity and Services Tax Council for two days (from) in one day the urgency appears,” he pointed out.

However, Shah’s risks did not ignore. He stressed the need for a strict action against tax fraud and the ongoing improvements in the GST administration. He warned: “The leakage and fraud of goods and services should be handled with (AN) iron hand,” adding that the comments ring to improve the process should remain active.

In a sharp criticism of financial behavior, Shah also highlighted the treacherous economic risks: “The savings of poor allocation that occurs through the F & O and double -funded bonzi plans make Indians addicted to fast money.